His Excellency Dr. Mohammed bin Saleh Al-Sada, the Minister of Energy and Industry, inaugurated the ‘RasGas Milestones Gallery’ in the presence of RasGas’ board of directors and the Executive Leadership Team. Thegallery, which is established …Read full article » : Saturday, October 18 - 2014 @ 11:51
Petrochemical companies in the United Arab Emirates employed 38,100 people in 2013, according to new data from the Gulf Petrochemicals and Chemicals Association (GPCA).
The country is now the GCC’s second largest petrochemicals hubs in …Read full article » : Thursday, October 16 - 2014 @ 15:22
In an attempt to revive demand for its crude in Asia, Qatar, one of the smallest producers in Opec, has become the latest Middle East oil producer to cut prices by more than $1 a …Read full article » : Thursday, October 16 - 2014 @ 09:32
Dubai Petroleum Establishment (DPE) announced that it has identified significant volumes of gas in its T-02 deep gas exploration well. The high pressure and high temperature T-02 well was drilled to 18,248 feet (5,562 metres) …Read full article » : Thursday, October 16 - 2014 @ 09:25
Saudi billionaire Prince Alwaleed bin Talal Al Saud has criticised the kingdom’s oil policy, which plays down drop in prices below $100 per barrel.
Oil prices plunged almost $3 a barrel on Tuesday to hit $86 …Read full article » : Wednesday, October 15 - 2014 @ 15:42
In less than six months of its launch, over 20,000 commercial vehicles have registered for the path-breaking Vehicle Identification Pass (ViP), a Radio Frequency Identification (RFID)-based fuel retailing system, offered across the entire service station …Read full article » : Wednesday, October 15 - 2014 @ 14:15
A delegation from the Dubai Supreme Council of Energy and Dubai Electricity and Water Authority (DEWA) headed by HE Saeed Mohammed Al Tayer, Vice Chairman of the Supreme Council of Energy and MD & CEO …Read full article » : Wednesday, October 15 - 2014 @ 14:06
GE (NYSE: GE) introduced its 9EMax solution, a game-changing leap forward in 9E gas turbine performance that redefines how its Middle East/Northern Africa (MENA) customers can quickly deliver more power to one of the world’s …Read full article » : Wednesday, October 15 - 2014 @ 12:38
Iran’s Research Institute of Petroleum Industry (RIPI) signed a memorandum of understanding with the State Oil Company of Azerbaijan Republic (SOCAR) on development of oil fields, oil extraction and environmental activities, IRNA reported. Director of …Read full article » : Wednesday, October 15 - 2014 @ 08:40
The Riyadh-based Tadawul All-Share Index closed 1.94 per cent lower at 10,177.11 points on Tuesday, October 14.
Earlier in the day, the International Energy Agency in Paris said demand for oil in 2015 would be much …Read full article » : Tuesday, October 14 - 2014 @ 18:32